Letter from the Publisher: Why are social purpose organizations and their funders so uncomfortable talking about wages?

This year Iโ€™ll take home a bit over $90,000 in annual salary.ย 

Last year, the 3rd year for Future of Good, I took home about $75,000. The year before that, I took home $24,000 as an annual salary and lived off my partnerโ€™s income. In our first year, I didnโ€™t take a salary, struggled to pay bills and used a line of credit to cover essential costs.ย 

Itโ€™s super uncomfortable, vulnerable, and embarrassing to share how I lived, and what I took home in our first couple of years, but weโ€™re a social purpose startup and mine is a typical journey for founders.

But is this narrative โ€”ย โ€It sucks, but itโ€™s typicalโ€ โ€”ย a cop-out?

Cop-out or not, itโ€™s the unfortunate reality for a significant number of social purpose organizations from coast-to-coast-to-coast, no matter their age, for all their workers. There is no shortage of data to show that a

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